DCOMY

In order to materialize the decentralized economy, it is important to ensure blockchain and smart contract interoperability. DCOMY is working towards this end by developing various inter-blockchain communication protocols, catered for various use-cases. While we leave tedious technical details to our yellow paper, we highlight the three major functions of our platform.

It is not an over-exaggeration concluding that Google serves as a gateway to the current Internet. While there are billions of websites in existence today, hardly any of us directly visit any of them without first searching for them on Google. This highlights the importance of Google in the current Web 2.0.

What Google does is essentially continually crawling and indexing the Web. Upon our searches, Google then presents us with their indexing. While this sounds simple, it is in fact a great technological feat.

For Web 3.0 and the decentralized economy to thrive, we need a Google-like gateway for blockchains. DCOMY provisions this by continually tracking and indexing the various major smart contract platforms.

While our framework extends to various blockchains, for the sake of clarity, we focus our description on Ethereum. Projects with complex smart contracts like Uniswap and NFTs initiatives like Bored Ape Yacht Club store data on the Ethereum blockchain, making it really difficult to read anything other than basic data directly from the blockchain.

In the case of Bored Ape Yacht Club, we can perform basic read operations on the contract like getting the owner of a certain Ape, getting the content URI of an Ape based on their ID, or the total supply, as these read operations are programmed directly into the smart contract, but more advanced real-world queries and operations like aggregation, search, relationships, and non-trivial filtering are not possible. For example, if we wanted to query for apes that are owned by a certain address, and filter by one of its characteristics, we would not be able to get that information by interacting directly with the contract itself.

Blockchain properties like finality, chain reorganisations, or uncled blocks complicate this process further, and make it not just time consuming but conceptually hard to retrieve correct query results from blockchain data.

DCOMY solves this with a decentralized protocol that indexes and enables the performant and efficient querying of blockchain data. These APIs (indexed "subgraphs") can then be queried with a standard GraphQL API. Today, there is a hosted service as well as a decentralized protocol with the same capabilities. Both are backed by the open source implementation of DCOMY Node.

DCOMY learns what and how to index Ethereum data, and then provides a description that defines the smart contracts of interest for a subgraph, the events in those contracts to pay attention to, and how to map event data to data that DCOMY will store in its database.